EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

Same here, sl is at 60 though. Would make it be when I go to sleep in an hour.

as there are not any important USD news this monday and tuesday, i believe there will be a reabilitation for the euro as tomorrow is the EUR financial meetings, so i believe the EUR will gain some strengh back

There will be talks on Greece and how the program is not progressing. So nothing good till the actual talks to buy.

Call me suicidal but I am long for a retrace before the next hard sell off

Just woke up from a nap so I was late on this trade, but went long at 59, SL now locked at BE+3

Shorted at 62 stop around 70 move to BE+3 asap.

OR is wide today. Because of recent day volatility and weekend/overnight covering be wary of wider than normal intraday swings.

last short -4p, long again from upper 60s

F'd up this one. Got to sleep without changing sl so -27 here

i still hold my buy position from 1.0716, guess we try 0820 soon

OR 20-25 - 50-55

actually Greece program is quiet progressing as their reforms are in progress, some of the proposals of the creditors has been implemented to their law and now functioning. But the main talks will be about the EURO, the Greece talks are whenever there is a meeting of the main creditors - Italy France Germany and Spain (4 main creditors). I expect some ups in the eur whenever there is an interview of any of the main characters such as Draghi or any other Fin. Minister of the main economy. Eurozone is losing so much of the cheap euro, as most of the import from Russia, America and 3rd party countries are made in Dollars (Gas, meat, other goods). Despite the positive news about the dollar, which i disagree as the real numbers are far negative then the "actual" positive i suspect the dollar is about to lose strengh, acordin to the other pairs. I believe that all pairs are corelated in basic, and whenever curency is losing strengh in the single pair, it is also losing strengh, in percentage, within the other pairs. That is why i allways recheck my analysis with other pairs, so i can not forseen a 1.05 eur/usd without forseen a 130 (for example) in USD/JPY and 0.65 with AUD/USD and so on.
About what i mentioned about the dollar, the strenght of it is not only based on the positive fake(as i believe) news but mostly becouse its on steroids given by the main dollar using economies not only America but such as Russia and China. It is well known fact that in Russia and China the dollar is even more used rather than national currency. Still it's value is overpriced and for me its a baloon that will explode any time soon( not like todayo r tomorrow but in near future).
Another problem with the strong dollar is the canadian. The canadian policy which is copy/paste of the american, is experiencing problems with the devaluation of their currency and now is in its lowest stage which will cause a lot of troubles (unemployment, trade rates and so on). The America is strongest buyer of the Canadian goods which becouse of the cheap price now will gain less as they would during normal value of the pair.

Short-term i am playing against the Dollr since Friday with the following trades whith results atm not yet closed
EUR/USD BUY 1.0716 +50
USD/JPY Sell 123.00 -30
AUD/USD Buy 0.7025 +25
GBP/USD Buy 1.5035 +42
USD/CAD Sell 1.3300 +23

Of course anything can occur

I admire every trader's strategy of playing, mine is more dollar orientated, as i play for and against dollar strengh short and long term

Awesome. Good stuff.

Dollar is considered as safe heaven, always was. What would you buy during the crysis? Euro or Dollar? You need only one spark to send Euro to hell.
Goldman can trigger crysis in Italy, Spain, Portugal anytime, buy their debt cheap, enslave them etc. just like with Greece, unless...the crysis is going to be debt related.
And that can be caused by raising interest rates in US. If they do that their debt which is ridiculous will skyrocket to the moon - their debt will be juicy!

Now the fun scenario:
Big chunk of US' debt is owned by China > China: slowing down - need money, Dollar is expensive, pay up > US: fuck off, we have empty pockets > Russia: We like to support you China and we have new fantastic toys. We can help you execute your debt > China: Ok, let's do this together, we also have too many nukes in our basement, we don't want them to expire. Fuck the money, let's start WW3 with US!

Debt rules the world.

Short from 73, expecting a move to current daily midline at 48, stop 12.5 from entry, exit at 48

Not trading much today, just did a couple more losses on EU on the way up instead of waiting for pivot. Actually I am waiting for this to play out. NFP numbers both time, same strength, same background. (Draghi started QE then, Draghi said may extend QE & neg rate now, NFB big beat then & now - candle structure about the same). About the same time that GU also broke down 1.50.

Plus my expectation for week below. Trying not to scalp much while sick and sitting home with the baby - can't put attention on chart.

combination of 38.2% retracement and pivot working together

I waited patiently for a complete swing from 58 and shorted that top for a few pips.

reverse swing from 68 is also working well.

They are dancing slightly below 50% of nfp ride. If 68 was a proper swing start, then next stop is around 795-798. If broken 815 > 830.
But remember it's Monday. Usual trading range is limited to 60p +- a few. Maybe today's gonna be different due to nfp crap.
Anyway: 725-755-785-800-815-830

it found some support on the 78.6% level from todays low swing.